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The non-renewal of a French commercial lease for serious and legitimate motives: a weapon not to underestimate
The commercial lease contract is well known. In simple terms, it is the agreement whereby the owner of a property rents his premises to a company or entrepreneur, so that the latter can operate its business, craft or industry. The commercial lease should thus not be confused with the residential…Continue reading
How to buy a French property at auction
Buying a new property is always an exciting and challenging topic. The classic acquisition scheme is well known. Alone or with others, directly or via a company, the buyer, often assisted by a real estate agent, signs a compromis, and then reiterates the sale before a notary. The price, the…Continue reading
The French 3% tax on market value: how foreign entities may be exempt
Relatively unknown, the French 3% tax on the market value of real estate properties owned in France (Taxe sur la valeur vénale des immeubles détenus en France, hereinafter “TVVI”) can have dire consequences, if one does not pay attention. Designed and adopted as a tool against tax evasion, the TVVI…Continue reading
